Port News

Subic ready for e-cargo transfer systemSep 16, 2010

The Subic Bay Metropolitan Authority (SBMA) has assured business firms that the full implementation of the Enhanced Automated Cargo Transfer System (e-ACTS) on September 16 will proceed without a hitch, reported Thai News Service. Redentor Tuazon, head of the SBMA Trade Facilitation and Compliance unit, said the use of e-ACTS as mandated by the Bureau o...

Lyttelton Port clears box backlog following Christchurch quake Sep 16, 2010

NEW ZEALAND's Lyttelton Port Co, which operates port facilities near Christchurch on South Island, is back on track with cargo handling operations after they were delayed by a 7.1 Richter scale earthquake. Container volumes had declined by about 100 to 200 boxes following the quake and ensuing aftershocks, reports Bloomberg. It is estimated to cost...

Hanjin-docker deal opens door to labour-lite Jaxport box shopSep 16, 2010

KOREA's Hanjin Shipping and the dockers' union, the International Longshoremen's Association (ILA), have agreed on creating a labour-lite container terminal in Jacksonville, Florida. ILA officials could not be reached for comment, but Hanjin terminals vice president GS Choi said: "We've finally reached an agreement with the ILA regarding the manning...

Los Angeles box volume up 24.7 per cent in August - best since 2006Sep 16, 2010

CONTAINER volume Los Angeles climbed increased 24.7 in August year on year to 763,837 TEU, reaching its highest monthly total since August 2006 throughput hit 790,726 TEU, reported Dow Jones. Loaded inbound containers totalled 399,150 TEU, up 23.3 per cent. Loaded outbound slumped 1.8 per cent to 147,608 TEU. Container traffic through the Port of Los An...

Tianjin expects to hit 400m tonne target this yearSep 15, 2010

Tianjin Port's total cargo throughput is expected to reach 400 million tones, including 10 million containers, this year, up from 380 million tonnes in 2009, said Yu Rumin, chairman of Tianjin Port (Group) Co. The port is also considering an investment of US$1.95 billion in the construction of new ports and other infrastructure projects, he said at the...

Ningbo port plans to reduce IPO Sep 15, 2010

Shanghai: China's Ningbo Port said on Monday its reduced initial public offering size would benefit shareholders and boost its post-debut share price, writes Reuters. The firm, which cut the size of its Shanghai IPO by 20 percent to up to 7.4 billion yuan ($1.1 billion), also said it expects net profit to grow by at least 10 percent this year on increased ...

Prince Rupert, Prince George join to take more transpac market share Sep 15, 2010

TWO Canadian west coast towns are working hand-in-hand to be become a major entrepot for China cargo entering North America, promoting the advantage of faster delivery time to the US, reports Xinhua. Canada's British Columbia provincial towns of Prince George (pop 80,000) and Prince Rupert (pop 12,800) have emerged as ports of entry for US-bound China ...

California seeks China investment for high-speed LA-Frisco line Sep 15, 2010

CALIFORNIA has signed a memorandum of understanding with China's Ministry of Railways for investing in the state's high-speed rail plans, Reuters reported. The agreement was signed during California Governor Arnold Schwarzenegger's recent Asian visit to China, Japan and South Korea. "We look to China to build our high-speed rail, to be part of the bi...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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